Donut Charts:

According to the donut charts, which cover a two-year time frame, the Sweet project has the largest market share in terms of the number of users, accounting for 58%. This project is also considered the most active one in terms of user numbers. Kucoin comes in second place. In terms of user activity measured by the number of transactions, Near Crowd project has the largest market share at 37%, followed by Aurora Faucet at 25%. The Sweet project takes third place. When it comes to Spent Fee, Aurora Faucet is on top with 215 K NEAR, making it the most active project in this regard. Sweet follows with 118 K NEAR and Near Crowd takes third place with 60 K.

Area Charts:

According to the area charts, which cover a one-year time frame, several projects have stood out in terms of user activity. From June 20 to September 5, 2022, NEAR Wrapper, Ref Finance, Exchanges, and Near Crowd had the largest number of users and were among the most active projects. However, from September 5, 2022 until now, Sweat has accounted for over 90% of users and has been the most active project in attracting users. In May 2023, there was a sudden sharp increase in the number of Tether (USDT) users. This could be attributed to the integration of Burrow with Ref Finance. By providing more facilities and holding quizzes, they were able to encourage many users to use USDT in this protocol. In terms of transactions, Aurora Faucet and Near Crowd were among the most active projects from June 20 to September 5, 2022. However, Sweat has accounted for about 50% of transactions since September 5th and has been the most active project in attracting users. Despite this trend, Aurora Faucet and Near Crowd have been able to maintain their share. Interestingly enough, with the arrival of Sweat on the scene, Spin project experienced significant growth compared to before. Switchboard was also able to allocate a good share of transactions from October 17th to January 30th but was unable to keep its users loyal later on. This is a natural occurrence in the market where users tend to rush towards new projects but may not remain loyal over time. The spike on July 18th was the result of the spent fee for the Aurora Faucet project. It is unclear whether this increase was due to protocol traffic or internal developments within Aurora Faucet. Between June 20th and September 5th, 2022, projects such as Aurora Faucet and Near Crowd had the highest amount of fees and were among the most active projects in terms of fees. However, from September 5th, 2022 until now, Sweat has accounted for the largest percentage of fee share and has been the most active project in terms of spent fees. Despite this shift, Aurora Faucet and Near Crowd have been able to maintain their share of fees. Interestingly, with the arrival of Sweat, Spin project has grown significantly compared to before. Switchboard was able to allocate a good share of spent fee between October 17th, 2022 and January 30th, 2023 based on transaction numbers but was unable to maintain this level later on.

Activity with NEAR Projects and NEAR Horizon